Shariah issues in the application of repurchase undertaking in sukuk mudarabah

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building INTELEK Repository
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collectionurl https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072
date 2020-06-25 09:21:43
format Restricted Document
id 12790
institution UniSZA
originalfilename 7097-01-FH02-FPP-20-40933.pdf
person IBRAHEEM ALANI
recordtype oai_dc
resourceurl https://intelek.unisza.edu.my/intelek/pages/view.php?ref=12790
spelling 12790 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=12790 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 Restricted Document Article Journal application/pdf 10 1.6 Adobe Acrobat Pro DC 20 Paper Capture Plug-in IBRAHEEM ALANI 2020-06-25 09:21:43 7097-01-FH02-FPP-20-40933.pdf UniSZA Private Access Shariah issues in the application of repurchase undertaking in sukuk mudarabah International Journal of Business and Technopreneurship The Malaysia Sukuk market has grown quickly over the past two decades which makes it an integral part of the Malaysia capital market. It keeps embracing innovative structure, as underlined by the dispatch of Sukuk utilizing the ideas such as ijarah, salam, musharakah and mudarabah. The higher level of dynamism in the market is reflected by the growth of sophisticated Sukuk arrangements that are now structured-based on numerous Shariah ideas to meet the needs of the customer (Sukuk holders). Owing to the foregoing, the objective of this paper is to show that there are few Shariah issues which require further discussion to guarantee compliance with Shariah (Islamic law). This paper discusses Shariah issues in Sukuk mudarabah and focuses on the application of repurchase undertaking in Sukuk mudarabah structure using Malaysia as a case study. The methodology applied for this study is based on previous studies and literature related to the topic which were gathered from different published articles, reports and several sources. This paper recommends that Shariah scholars across the globe should converge for harmonization of opinion to arrive at a given standard for the operation of Islamic products unification globally. 10 2 173-182
spellingShingle Shariah issues in the application of repurchase undertaking in sukuk mudarabah
summary The Malaysia Sukuk market has grown quickly over the past two decades which makes it an integral part of the Malaysia capital market. It keeps embracing innovative structure, as underlined by the dispatch of Sukuk utilizing the ideas such as ijarah, salam, musharakah and mudarabah. The higher level of dynamism in the market is reflected by the growth of sophisticated Sukuk arrangements that are now structured-based on numerous Shariah ideas to meet the needs of the customer (Sukuk holders). Owing to the foregoing, the objective of this paper is to show that there are few Shariah issues which require further discussion to guarantee compliance with Shariah (Islamic law). This paper discusses Shariah issues in Sukuk mudarabah and focuses on the application of repurchase undertaking in Sukuk mudarabah structure using Malaysia as a case study. The methodology applied for this study is based on previous studies and literature related to the topic which were gathered from different published articles, reports and several sources. This paper recommends that Shariah scholars across the globe should converge for harmonization of opinion to arrive at a given standard for the operation of Islamic products unification globally.
title Shariah issues in the application of repurchase undertaking in sukuk mudarabah
title_full Shariah issues in the application of repurchase undertaking in sukuk mudarabah
title_fullStr Shariah issues in the application of repurchase undertaking in sukuk mudarabah
title_full_unstemmed Shariah issues in the application of repurchase undertaking in sukuk mudarabah
title_short Shariah issues in the application of repurchase undertaking in sukuk mudarabah
title_sort shariah issues in the application of repurchase undertaking in sukuk mudarabah